02-17-2023, 12:13 PM
(02-16-2023, 09:55 PM)taylortbb Wrote:(02-16-2023, 08:27 PM)CP42 Wrote: Not necessarily - the commercial spaces in the first phase of station park are rentals.
They have to be owned by somebody. I can't imagine VanMar made them common elements owned by the condo corp. Likely either VanMar kept them for themselves, or sold the units to someone that wanted to lease them out.
A grocery store likely wouldn't own the retail condo unit, but that doesn't mean it wouldn't lease it from an investor.
You’re right - just reviewed the PSA and looks like the retail units are owned. However, they’re currently listed for lease (https://www.cbre.ca/properties/retail/de...=isLetting). Kind of disappointing that they’re all listed as available!